Appliance Recycling Cntrs of Amer (NASDAQ:ARCI) Stock Price Down 1.1%
Shares of Appliance Recycling Cntrs of Amer Inc (NASDAQ:ARCI) traded down 1.1% during trading on Friday . The stock traded as low as $4.61 and last traded at $4.63. 2,792 shares changed hands during trading, a decline of 97% from the average session volume of 93,052 shares. The stock had previously closed at $4.68.
The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.57 and a current ratio of 0.67.
In related news, major shareholder Isaac Capital Group, Llc sold 149,679 shares of the firm’s stock in a transaction on Thursday, April 25th. The stock was sold at an average price of $78.29, for a total transaction of $11,718,368.91. Following the sale, the insider now owns 110,125 shares of the company’s stock, valued at approximately $8,621,686.25. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 10.20% of the company’s stock.
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Appliance Recycling Centers of America, Inc, together with its subsidiaries, engages in the recycle of household appliances in North America. The company operates in two segments, Recycling and Technology. It engages in collecting, recycling, and installing appliances for utilities and other customers.
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